Avoid these mistakes

Ken McElroy has been in the real estate industry for 30+ years and has over $1 Billion in real estate assets. What makes someone successful in this industry? And what can you learn from his 30+ years of experience?

Best Way to Raise Money

Mauricio here. And today we're going to talk about the difference between a 506B and a 506C exemption. Now this is pretty technical and this is as technical as I'm going to get. So don't worry about moving forward. But prior video, we talked about the definition of a syndication of definition of a security. And we went over the fact that once you realize that you're in the business of issuing securities, meaning you're doing a syndication, that there was really three things we needed to worry about. If you guys remember number one is we have to either register the security with the SEC, or number two, we had to find an exemption to registration or number three, it was illegal, right? And so we didn't want to do a registration and we didn't want to do something illegal. And so we're always looking for an exemption and 506B and 506C are simply two of the most popular exemptions that are out there.

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The Crash is Coming

Robert Kiyosaki has been in the real estate investing business for years now. He’s been through the ups and downs of the real estate market cycles, so it’s safe to say that when Robert thinks something is bound to happen… you better believe him. Join Ken McElroy, Danille, and Rich Dad, Poor Dad author, Robert…...

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Getting Started in Real Estate? You NEED to know this…

Should you buy or pass? Use these four criteria to help guide you with your real estate decisions. Ken introduces the ABCD Matrix and explains why it is so important for your real estate decisions. In evaluating new acquisitions and ground-up construction deals, Ken and his team consider what types of returns we can expect and generally frame them in terms of 4 types, which I call “The ABCD Matrix.”

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What Tarl Yarber Learned After 600+ House Flips…

After doing 600+ house flips, surely there is something to be learned. But is house flipping really the best way to financial freedom? And why has he turned to the BRRRR rental property strategy after all these years? Join Ken McElroy, Danille, and BiggerPockets’ Tarl Yarber in a discussion about quitting your job, flipping homes, […]

Flips Don’t Work

After doing 600+ house flips, surely there is something to be learned. But is house flipping really the best way to financial freedom? And why has he turned to the BRRRR rental property strategy after all these years? Join Ken McElroy, Danille, and BiggerPockets’ Tarl Yarber in a discussion about quitting your job, flipping homes,…...

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A Story is Worth a Thousand Words

Return to Orchard Canyon follows three family members who are doing their best with what life has handed them. David, one of the protagonists, has recently lost his “secure” formerly lucrative day job when he brings his teenaged daughter to visit his elderly father in David’s hometown of Sedona, Arizona. David is so embarrassed by his job loss that he asks his daughter not to tell his father. Despite David’s worries at the outset, Return to Orchard Canyon is ultimately about transforming your path and using life’s setbacks to discover what you truly want to do

The Real Estate Crash of 2021

A correction is coming to the real estate market and I expect to see it early next year. Each downturn is very similar to the next. We have high unemployment, and housing prices that are extremely inflated. Yet, people keep asking me, “how can you say it’s going to crash when prices are skyrocketing? If I keep waiting, I’m going to miss out on the buying opportunity!” So let me put a few things into perspective for you. This is a supply and demand issue. That is what inflates and deflates prices: inventory versus demand for housing

It Won’t Happen Here….

If you find yourself saying or thinking, “it won’t happen here,” I need to give you a reality check. Denial is not an investment tool. In fact, you can’t be a successful investor if you don’t understand market cycles. When a correction occurs, it generally happens everywhere in the country. Of course, some areas are affected more than others, but every city and every state is eventually affected.

Cash is King

Cash is king moving forward. Let me repeat cash is going to be king in the next 12 months. Here is why. Banks want to lend, it is in their nature. The problem is if people are out of work or just starting a new job, or are behind on bills the bank cannot lend to them.

Affordable Housing and Mobile Home Parks

I will tell you that affordable housing will become more and more of a need in the United States over time and this is definitely something you should understand and look into. That is potential here from owning a park to possibly even converting a mobile home into a rental.

Why now is the time to read The ABC’s of Buying Rental Property

If you are interested in obtaining a rental, then take the time to read my book “The ABC’s of buying Rental Property.” The next couple of years you may have the biggest buying opportunity you will see in your lifetime, so you need to be prepared. I wrote this book to prepare you with all of the in-formation you need to know when purchasing your first rental. I am going to help to prevent you from making the same mistakes new investors make and to maximize your investment.

Building a Wealth Mindset | John MacGregor

Join Ken as he talks with financial planner John MacGregor about getting clear on your financial goals. John has extensive experience with a wide range of clients about transforming your mindset to secure your financial future. Check out his website here: https://www.johnmacgregor.net/

Apartment Construction

Building new multifamily units from the ground up as an investing strategy Join Ken as he talks with his long term business partner Ross McCallister about building multifamily apartment units from the ground up.

Real estate investing in smaller markets

[vc_row][vc_column][vc_column_text]Join Ken as he speaks with Melissa Murphy about how to get started in your real estate investing journey. They talk about steps she took to start investing and then expand out to a broader discussion of smaller markets.   [/vc_column_text][/vc_column][/vc_row]

How to lease during a pandemic

Join Ken as he speaks with Kelly Johnson, Vice President of marketing at MC Companies as she discusses what her and her team have done to confront that challenges of leasing apartment units during the restrictions caused by the recent health crisis. Transcript: (00:00): Hey everybody. It’s Ken McElroy with MC companies and the real […]

Tenant Screening

A Vacant Unit is Better than the Wrong Tenant I see this all of the time. Tenant’s not paying their landlords and the landlords having to jump through the hoops of evicting them. Normally, when I get into the conversation with people I find they needed to fill their vacant unit so they lowered their […]

Build wealth with your business real estate

[vc_row][vc_column][vc_column_text]To keep up with all of Ken’s latest activity be sure to sign up for his weekly newsletter at this link: https://kenmcelroy.com/podcast-listeners-newsletter-signup/ Join Ken and Michael Bailey as they discuss ways to use business real estate to its full advantage. To learn more about Michael, visit his website at: https://www.impactdogcrates.com/ [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Transcript:   (00:01): Welcome to the […]

Farm land as a real estate investment strategy…

[vc_row][vc_column][vc_column_text]Join Ken and Phil Hinrichs as they talk about how investors and others can use farmland as a viable real estate investment strategy. To learn more about Rich and his company be sure to visit his website at : http://hinrichstrading.com/ To keep up with all of Ken’s latest activity be sure to sign up for his […]

A Key Factor to Digital Marketing that most Companies Miss

Join Ken as he talks with the father and son team of Michael and Hunter Bailey. They cover why it is important to have a generationally diverse team particularly when it comes to digital marketing for your business. Michael and Hunter compare and contrast the strengths and weaknesses that each brings to decision making for […]

Being a Real Estate Investor 101

Many people see investing in real estate as a way to generate cash flow, build up a nest egg and have tenants pay your mortgage for you. That’s a great strategy, but there’s a technique to it. It isn’t as easy as simply buying a property and renting it. Uneducated investing is how you get […]

Being a Landlord 101

The time is finally here. You’ve done the hard work of getting your investment property ready for tenants. The people looking at it are oohing and aahing at the upgrades you’ve made and they all seem friendly. When one of them wants to move in, you have a good feeling about them. In fact, you’re […]

Understanding a Marketing Wheel

Join Ken as he speaks with Kyle Wilson about his concept of a marketing wheel and how it fits into his overall strategy when promoting a brand. You can learn more about Kyle at his website: KyleWilson.com  

The Keys to Partnerships in Real Estate

Join Ken as he talks with his long term friend and partner, Ross McCallister about how they met and what has been the keys to their success over many years working together.

Choosing a financial advisor for your future

To get the download resource mention in the video you can go to this link: https://www.johnmacgregor.net/selecting-a-financial-advisor Join Ken as he talks with John MacGregor about the key elements when choosing a financial advisor.  

The 10 Commandments of Pandemic Investing

Join Ken as he speaks with Jason Hartman about how to understand the behaviors and ultimately the trends that will result from the impact of the recent health crisis. The link to the resource mentioned in this video is: https://www.jasonhartman.com/ken

The Down Payment

Getting your down payment together is one of the biggest hurdles when you’re starting out in real estate. I can’t tell you how many times people tell me they want to make passive income on real estate, but then they save no money for a down payment. Instead, I hear excuses as to why they […]

The 4 Keys to Correctly Investing in Real Estate

The average person doesn’t know how to get started investing in real estate, and therefore, gets their cash flow from a nine to five job. That scenario is the exact opposite of financial freedom because they’re dependent on a job they have to go to every day. True financial freedom happens through investing in things […]

Finding a Mentor

So much of real estate investing is about forming relationships. One relationship that can be invaluable, especially if you’re new to real estate, is a relationship with a mentor.  A real estate investing mentor can help you by sharing their experiences and expertise, answering your questions, steering you away from the mistakes they’ve made, and […]

Are you going to be a successful investor?

Everyone getting into real estate investing aspires to be successful at it. Sometimes when I talk to newer investors, there’s an expectation of success. I’m always a little wary of those investors because success without hard work is just luck. But being consistently successful is another matter. That isn’t just lucking out. Long-term success only […]

Are You a Good Leader?

Not all leaders are created equal. Sometimes people find themselves in a leadership position and it’s not an instantly comfortable fit. They may experience some anxiety or imposter syndrome. The good news is that you can still learn to be a good leader even if you’re having those self-doubts. In fact, I’d encourage you to […]

Six Skills You Have to Master In Order to Become Wealthy

I’ve met and worked with countless high-net-worth individuals. Over the years, I’ve noticed some consistent patterns amongst them and it’s enabled me to pinpoint six skills that every future millionaire must master. When you build on these six skills, you’ll set a foundation for the life that you want to have. Once you incorporate these […]

Fear of Missing Out….

I have been seeing the fear of missing out a lot lately on the private forum that I host each week. (Click here to join.) People have become so fixated on not missing their opportunity to buy, that they’re itching to buy right now when prices have only gone down by a few thousand dollars. I keep […]

How to manage a property during lockdown

Join Ken as he speaks with Kelly Johnson from his property management company on how he and his team were able to manage properties virtually through the most recent lockdown.

Happiness….

Happiness…. With all of the conflict going on in the world today, I have been a bit confused on what to write about this week. After considering multiple topics, it came down to one thing. I think most of you could use some happiness right now. You may say happiness? How can I possibly be […]

5 Tips to Keep you Eviction Free

When you own rental properties, evictions are an unfortunate reality that no one wants to deal with. Creating some safeguards at the outset will save you the trouble of having to file an eviction notice down the road. These are the five key ways that you can minimize the potential for having to evict someone. […]

Reasons A Student Fails in Business and C Students have a Better Chance

It seems pretty straightforward that “A” students and people who graduated at or near the top of their class will fare better in the business world than “C” students. Surprisingly, this assumption is not reflected in the workforce. As it turns out, students who have more of an academically average grade history are projected to […]

My Number One Trust Test

Trust is a word with a long and deep meaning in almost any aspect of our life. Over the years, I have been burned so many times that I developed a knack on picking up on red flags when it came to individuals in my business and my personal life. I have learned over the […]

How to Prevent Fires as a Landlord

How to Prevent Fires as a Landlord

One of your tenants goes out for the night and forgets about a lit candle in the other room. Another tenant is making dinner, gets distracted by a phone call, and only remembers the pot on the stove once the apartment is filled smoke. This is the everyday carelessness that can easily start a fire […]

Investing in Mobile Home Parks

Affordable housing is a legitimate concern in the real estate market. Not only considering when buying for yourself but also thinking of long term rental properties to own as well. Mobile home parks are a two sided coin. On one hand, they are usually fairly easy to obtain properties and most can be acquired for […]

2020 Moving Forward Through Uncertainty

[vc_row][vc_column][vc_column_text]Join Ken as he talks with Blair Singer about how he is approaching the uncertainty going forward. To learn more about Ken visit: https://kenmcelroy.com/membership-registration/ To learn more about Blair visit his website at: https://blairsinger.com [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Episode Transcript: Ken McElroy (00:01): Welcome to the real estate strategies podcast. I’m Ken McElroy and I’m here to give […]

Rich vs Poor Mindset

Rich vs. Poor Mindset

I once heard someone say that in business, there’s playing to win and then there’s playing to not lose. At first, it sounds like those are the same things, but in reality, they’re two distinctly different mindsets. “Playing to win” is about feeling dynamic, confident, and operating with a belief that the sky is the […]

Tenant Screening Tips

When you’re looking for tenants to rent your properties, it’s okay to enjoy the process of meeting the people who file in and ooh and aah over your granite countertops, the view from the kitchen window, or any of the other touches that set your property apart. You can be friendly and outgoing, but keep […]

4 Things That Your Kids Need to Understand About Money

As parents, we try to do everything that we can to prepare our children for the future. Having practical conversations about money with your children will help them immeasurably. When you take the time to do this, you’re showing your child the importance of managing their own financial wellness. Below are four key messages that […]

Having a solid lease is your best game plan

Having a solid lease in play from the very beginning for each one of your tenants is the best game plan you can have as a property owner. You want to make sure that your lease is one professionally. This is an extremely important document and should be created by your personal attorney. This is […]

Options for Individuals Impacted by Covid-19

[vc_row][vc_column][vc_column_text]Join Ken McElroy and Eric Freeman from BeachFleischman as the talk through some options for individuals that have been impacted by Covid-19. You can learn more about Eric at his firm’s website at https://BeachFleischman.com You can also download a useful resource created by Ken to help work through your financial stress test. You can find […]